Saudi bank loans to public, private sectors rise 15% to SAR 2.082 trln in October

02/12/2021 Argaam Special

Saudi Arabian banknotes


Saudi bank loans granted to the public and private sectors increased 15% by the end of October to SAR 2.082 trillion, compared to SAR 1.807 trillion a year earlier, according to data issued by the Saudi Central Bank (SAMA).

 

Private sector lending also rose 16% year-on-year (YoY) to SAR 2.010 trillion for the same month, exceeding SAR 2 trillion barrier for the first time.

 

Meanwhile, loans granted to non-financial public sector institutions amounted to about SAR 72.5 billion at the end of October, an increase of 3%, compared to the same period in 2020.

 

Loans to Private Sector (SAR bln)

Month

2020

2021

Variation

January

1.565

1.790

+14%

February

1.593

1.826

+15%

March

1.633

1.872

+15%

April

1.648

1.884

+14%

May

1.649

1.904

+15%

June

1.672

1.934

+16%

July

1.685

1.945

+15%

August

1.700

1.956

+15%

September

1.724

1.986

+15%

October

1.736

2.010

+16%

November

1.755

--

--

December

1.762

--

--

 

 

Loans to Public Non-Financial Institutions (SAR bln)

Month

2020

2021

Variation

January

57.9

77.1

+33%

February

57.2

71.7

+25%

March

59.4

71.6

+21%

April

60.4

80.9

+34%

May

61.0

81.9

+34%

June

62.3

88.3

+42%

July

65.2

88.4

+36%

August

76.6

93.1

+21%

September

65.9

91.6

+39%

October

70.4

72.5

+3%

November

77.3

--

--

December

79.2

--

--

 

 

Details and Historical Data of Banks' Key Indicators

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